November 1, 2008
Since 2004, GreenHomeNYC has presented monthly articles on green building construction, renovations, and management in The Cooperator, a Yale Robbins newspaper serving 3,300 New York City cooperatives and condominiums.
Finding the Money
Green Building Financing
By Erik D. Nevala-Lee
Taking the plunge and renovating an existing multi-family building to be more energy-efficient is an important and exciting endeavor. The long-term financial payback from increased energy efficiency in a building is well documented. These significant potential savings, while tempting, doesn’t always seem to be enough to encourage people to make the necessary upgrades to their own buildings.